Turnover
≈ €420,000 estimated
The abbreviated format states no turnover.
VERSTRAETEN EQUIPMENT
Lifetime
19 annual accounts with figures on one time axis, 37 filings since 1988Gross marginpeak €87,243 (2021)
€86,772▲ 0.9%
Resultlowest -€10,238 (2008)
€9,870▲ €9,925
Equitypeak €411,175 (2025)
€411,175▲ 2.5%
Debts
€629,103▼ 6.2%
Board4 names since 2022
3 directorsArne Verstraeten and 2 others
Owners
99.87%Verstraeten Agritechnieken
Documentsfilings and deeds
10-02-202610 days late
2025abbreviated format
Back to profit: €9,870
Key points
from the 2025 annual accountsFilings
37 annual accounts since 1988
Four of the last ten came late. The 2025 accounts came latest: 10 days after the end of the period.
Checked score
90
Excellent
Financially stronger than 52% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,278 companies (NACE 47, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.3%▲ +0.1 percentage points vs 12-2024
02-2025: 0.5%▲ +0.2 percentage points vs 01-2025
03-2025: 0.1%▼ -0.4 percentage points vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.2%▲ +0.1 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025
02-2026: 0.5%▲ +0.2 percentage points vs 01-2026highest value
03-2026: 0.1%▼ -0.4 percentage points vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
Liquidity: current ratio 0.17, cash €14,625
lowers risk
Size: total assets €1.0m
Founded in 1987
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 55% of them on solvency, 56% on liquidity, 51% on profitability and 46% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as VERSTRAETEN EQUIPMENT has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VERSTRAETEN EQUIPMENT itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for VERSTRAETEN EQUIPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.17 (0.17 in 2024), below 1. Short-term debt is 9.7% and cash 1.4% of total assets. 60.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 10 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-02-2026, 10 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
10 days late
2024
4 days late
2023
on the day
2022
on the day
2021
3 days early
2020
1 day late
2019
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end05-11-2026 today31-01-2027 deadline
Board and ownership
- Verstraeten Agritechnieken 99.87%score 93equity €4.0m (2025) · 30-09-2025 annual accounts of Verstraeten Agritechnieken
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0431571707
Environmental permit refused
Nieuwbouw of aanleggen · Provincie Antwerpen
Appointments: Geert VERSTRAETEN (managing director) and Glen Verstraeten (director)
General meeting of 28-02-2023 · Gazette deed
Reappointments: Geert Verstraeten (director) and Arne Verstraeten (director)
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| VERSTRAETEN EQUIPMENT Sint-Amands | €1.0m | €86,772 | 39.5% | - |
| Emile et fils Lontzen | €1.2m | €138,512 | 89.9% | - |
| LE CHEVERNY Sint-Genesius-Rode | €1.0m | €40,006 | -0.2% | - |
| Tacotex Wielsbeke | €1.2m | €186,468 | 19.3% | 4.6 |
| Salvatoriaanse Ontwikkelingshulp Hamont-Achel | €1.0m | €34,862 | 91.3% | 5.9 |
| NOURATEX Lokeren | €0.5m | €155,430 | 35.5% | 2.4 |
| LKD. Group Uccle | €0.4m | €74,767 | 13.6% | 0 |
These companies have the same main activity as VERSTRAETEN EQUIPMENT: retail sale of second-hand clothing (NACE 47792). They are comparable in size and age: total assets between €433,000 and €1.2m, founded between 1976 and 1993.
Official details
Source: KBO- Status
- Active since 27-06-1987Normal situation
- Activity
- Retail sale of second-hand clothingNACE 47792
- Establishment unit
- 2.029.565.0482890 Puurs-Sint-Amands, since 29-07-1987
- Financial year end
- 30 June
- Peppol
- Reachable since 13-11-2025
Insights on VERSTRAETEN EQUIPMENT
VERSTRAETEN EQUIPMENT files the abbreviated format. That format states no turnover. The gross margin rose from -€5,289 in 2007 to €86,772 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
Verstraeten Agritechnieken holds all the shares. In March 2023, the Official Gazette published the appointment of Geert VERSTRAETEN as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VERSTRAETEN EQUIPMENT
- What is the company number of VERSTRAETEN EQUIPMENT?
- The company number of VERSTRAETEN EQUIPMENT is 0431.571.707. The VAT number is the same number with BE in front: BE 0431.571.707.
- Where is VERSTRAETEN EQUIPMENT based?
- The registered office is at Provincialeweg 21D, 2890 Sint-Amands.Company details
- What does VERSTRAETEN EQUIPMENT do?
- According to the KBO register, the main activity is retail sale of second-hand clothing (NACE 47792).
- What is the legal form of VERSTRAETEN EQUIPMENT?
- VERSTRAETEN EQUIPMENT is a private limited company (BV).
- When was VERSTRAETEN EQUIPMENT founded?
- VERSTRAETEN EQUIPMENT was founded on 27-06-1987.
- Is VERSTRAETEN EQUIPMENT still active?
- Yes, VERSTRAETEN EQUIPMENT is an active enterprise in the KBO register.
- What is the turnover of VERSTRAETEN EQUIPMENT?
- The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €86,772 and 73 comparable companies (NACE 477). It probably lies between €210,000 and €610,000.Financials
- Is VERSTRAETEN EQUIPMENT profitable?
- In financial year 2025, VERSTRAETEN EQUIPMENT made a profit of €9,870.
- Where can I find the annual accounts of VERSTRAETEN EQUIPMENT?
- VERSTRAETEN EQUIPMENT filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERSTRAETEN EQUIPMENT due?
- VERSTRAETEN EQUIPMENT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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